Why is this migration happening?
Due to the unforeseen circumstances involving the loss of assets on Multichain Bridge, the OATH Foundation has deemed it necessary to migrate the old OATH tokens to a newer, more secure version, namely OATHv2.
To prevent any confusion during the migration period, OATH tokens will be labeled as OATHv1 with a red dot. As the migration gains traction, users will begin to observe the appearance of OATHv2 tokens marked with a green dot. Following the migration’s conclusion, OATHv2 tokens will revert to being labeled simply as OATH, returning to the standard branding.
Your Step-by-Step Migration Guide
We’ve worked to make the token migration process as simple as possible. Here’s a simple, four-step process to migrate your OATH assets.
1. Access the Migration Portal
Start by visiting https://app.ethos.finance/migrate on the specific network you’re holding OATH tokens on.
2. Authorize the OATHv1 Spend
You’ll need to provide authorization for the system to access and utilize your OATHv1 tokens. To do this, find and click on the “Approve” option.
3. Swap OATHv1 for OATHv2
After approval, proceed to the “Swap” option. This step will exchange your old OATH tokens for the new version.
4. Decide on Your Next Steps
With your new OATHv2 tokens:
- Enter the new liquidity pools to earn rewards.
- Alternatively, bridge your OATHv2 tokens by visiting https://app.squidrouter.com/
OATH Contract Address Table
As you begin the migration process, reference the contract addresses here depending on the network on which you hold OATH tokens.
It’s always advisable to stay updated and proactive in the world of crypto. By following the steps above, you’ll be ensuring the safety and value of your OATH tokens. Remember, once the migration process concludes, OATHv2 will be the primary OATH token and will return to its standard branding.
The OATH Foundation remains committed to its users and the broader community. Any queries or concerns can be addressed by reaching out via OATH Discord.
Stay safe, and happy migrating!